Should You Buy Tesla Stock Before April 2?

With shares down 35% year to date, many Tesla (NASDAQ: TSLA) investors have decided that Trump's election victory isn't the windfall they expected. The company is reeling from slowing international sales due in part to CEO Elon Musk's political involvement in the new administration. Meanwhile, Chinese rivals like BYD have encroached on Tesla's market share in several important regions. On April 2, the situation will get even more complicated as the Trump administration reveals wide-ranging tariffs on goods imported into the U.S., some of which have already taken effect. Let's explore how a fracturing global economy could affect Tesla's long-term performance.April 2 will be a big day for Tesla. On top of the political developments, the automaker is expected to release its much-anticipated first-quarter production and delivery figures. Investors should brace for bad news. Preliminary reports suggest Tesla is experiencing dramatic declines in Europe, where Musk's political antics have been poorly received. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool